Where's the Cash? Look at Your Receivables

     When you stop and think about it, it is amazing how many different choices we have to pay for the products and services we can buy. We can pay in person, over the phone or on the internet. We can pay by American Express, Discover, Visa, Mastercard, PayPal, store credit card, debit card, check [...]

What Could Possibly Go Wrong?

You Don’t Have the Cash Until You Have the Cash

     There is a direct relationship between a sale and the cash in your pocket. If you have the cash, you have a sale. If you don’t have the cash, you don’t have the sale.

     So many things can occur to prevent you from [...]

Soapy Water and Accounting Controls

Imagine for a moment that your car is really dirty, so you’ve decided to wash your car, and you’re going to do it by hand. You gather everything you need–soap, bucket, sponge, chamois cloth–and head out to the hose. You squirt some soap into the bucket, turn on the hose and start to [...]

Cash Flow Management Made Easy

Here’s a good article on cash flow by Robert A. Normand, the Executive Director of the Institute for Small Business Management and author of “Entreprenewal!, The Six Step Recovery Program for Small Business” (www.entreprenewal.com).

Cash Flow Management Made Easy

Author: Robert Normand

A simple system can be employed to project cash over several weeks to [...]